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20131210
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have a moral obligation to pay more than the wage. father jonathan morris is here to weigh in on that. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax the rich idea. and that's an attempt to command income equality. wave that wand, make them pay, even more, and they tell you we will be all more equal. really? and how has that been going for the las five years. and then obamacare, perhaps the new motherload of the command economy, you shall have health insurance. you will give us your personal information, and stop whining if we lose it. you had enough of this yet? you see, it doesn't work. command economies do not produce widespread prosperity
to cover the markets now. jonathan ferro, over to you. words, dead flat. these markets right now, no action on the cac 40. the dax giving 1/10 of one percent. the ftse 100 giving us pretty much nothing after four days of losses. look at some of the levels. up 10% on the year. a little bit of cautiousness creeping in. -- not outsidete the realm of possibility that the fed could reduce stimulus. that debate will be strengthened by the payrolls number. bond market,t the the prospect of the fed buying less treasuries playing into higher u.s. treasury yields on the 10 year. 2.8%, that one near highs for the year. check out fx. look at the euro pound over the last early days. down against the pound. the eurozone story and the u.k. story is night and day. the eurozone could go the other way. much each you how central bank has got to do. >> thank you very much indeed, john ferro on the markets. >> still to come, u.s. secretary of state john kerry is back in israel to give another push to peac pallk we will be live in tel aviv it are this hour. ♪ >> welcome back to "the pulse" live from bloomberg
. jonathan corpina on the floor of the new york stock exchange. jonathan gets to follow my interaction from charlie gasparino over baby names. we're on track for third names of declines. what is going on? do we get back in positive territory this week or next week? >> i like the interaction with charlie. on girl's list i hit two of the top three. adam: there you go. congratulationss. >> there we go. as far as our markets are concerned we've been talking about this are a while. what will derail our market, with will shake our market? few things going on. the "detroit news" is not investors panic sell or reason to sell. risk off coming into the market, historically markets move higher. i think we will continue to see the market move higher but on a short-term basis right now we're seeing a little risk-off trade. that is why we have the little market celloff. let's not panic or overreact. we will take a couple steps back every once in a while. adam: jonathan corpina, if you have any sons in the future, charlie says consider vito or sal. >> there are no more children in my future. lori: at love
kim jong-un's first purge. jonathan hunt is live with more. jonathan? >> reporter: very interesting, jon. this is a clear sign that kim jong-un, the leader of north korea very much wants to could consolidate and demonstrate his power. in the two years he has been the north korean leader, his uncle has been very much been the power behind the thrown. now he has been thrown out in disgrace. take a look at these pictures from a party meeting over the weekend. that is tac being escorted out of that party meeting. now many purges have happened in north korea but few have been made as public as this one. with those pictures being released, also a long statement read on state television, giving what the party said were the reasons for uncle jong being purged. statement said in part, quote, abusing his power, he engrossed in irregularities and corruption. had improper relations with several women and was wined andy restaurants. idealogically sick and extremely idle he used drugs and squandered foreign currency at casinos while he was receiving medical treatment in a foreign country under th
. jonathan heller. , a principal at wedge partners. china, a huge opportunity. what will it mean for apple if this happens? >> it will only need a little bit out of the gate. this will be a very expensive phone. they do not subsidize handsets the way they do in the united states. it will be a $800 purchase for consumers. it will be meaningful but maybe 18-20,000,000 units next year. >> 18-20,000,000 units? right now there are 12- 13,000,000 units that have been sold that are on china mobile's network that have come from hong kong, kind of through the back door. total about 20l next year, which is still a lot. >> what about the plans for emerging markets? >> we are probably more bullish. and you think about it, this is a huge deal. apple has 280 there's -- carrier planets. that is about 4 billion units. it is almost 800 million. obviously about 180 million are high value subs. equivalent of at&t and verizon. when middle-class is 11,500 u.s. dollars on the how can you possibly expect to sell millions of phones? >> i would not underestimate the capacity to purchase apple products. a huge sta
roberts, jonathan brodsky, and jeff cox and rick santelli. jonathan, you're feeling as, listen, we've had good gains, you're telling your client, take some profits, but money somewhere else. >> yeah. our perspective is the u.s. markets have done well. there's a lot of opportunity around the world. a lot of inefficiencies to be sought out. we're telling them to rebalance some gains they've seen in the u.s. markets. >> which you're saying to people, maybe we have more to go here on the selloff. buy the dip crowd not here necessarily, but you think they're lurking? >> yeah, i do. the first couple weeks of december, mutual funds distributed out capital gains, dividends and interest. it's not unusual to see selling early in the month but a lot of mutual funds are behind the curve, so i think we could see a rally into the close. >> jeff, we've noticed that the market doesn't have the kind of oomph, they're not buying the dip. you've noticed a rather ominous statistic at the new york stock exchange. >> at the new york stock exchange, a lot of people are using borrowed money to buy stocks. we're
and that is it. >> what do you think about diversification? stan jonathan miller said great manager should make -- stan druckenmiller said great managers should make a that and stick with it. if you are going to hedge, why should you get 2 and 20. people, he has done some interesting things. he is one of the best investors in the world. when you talk about investing with someone -- your investors have to know you are willing to do these things and what your risk parameters are. as long as they're comfortable comparable with those beforehand, you're able to make these larger investments when the time comes. are thethat those investors that differentiate themselves over time from those that are not willing to do things like that. >> within equities, are there sectors you are afraid of? >> there are sectors that are on investable. -- uninvestible. outside of pure financial reasons, we do not have any expertise in many areas. we have a deep expertise in others. drobny.bass and steve kyle knows about tapering, it isnot effecting the way he investing. the difference between long-term investors and tr
teammate and former stanford player jonathan martin. >> and you won't want to miss sports night live hosted by gary radnich. and featuring gary's radio partner larry krueger. a brand new show here on kron 4-- we'll have lively debates.and big time interviews. the show premieres this thursday december 5th at 9pm. check out the facebook page at sports night live - and "like us" for a chance to win a 2,000 dollar home theater system. >> several 49ers players swapped their football helmets for santa hats monday in san jose. it began with a huddle as players were paired with low-income children. before fanning out across a target store, armed with a long list of gift ideas for their families. joe looney, anquan boldin, colt mc-coy and a half dozen others. showing lots of patience in the toy aisles, getting some ideas of their own no doubt. giving back and getting something back in return. >> i am very blessed. it feels good to give back to help these children out. >> my problem di\ family did noe a lot a money when i grow up. it feels good to give back. >> each child was given a gift card worth
growth firms in the region. jonathan barker joins us now. good to have you on board on. these are staggering growth numbers that we're seeing. it's even higher if you look at the top five, 10.5 thousand percent. i didn't know it was possible to have that kind of growth. how is this? >> we've seen a consistent massive growth rate. 10,000% for the top five. over 357% for the top 500 businesses in asia pacific. we have been it's sustainable. that growth has been achieved despite an immense target. we've seen businesses continue to thrive in india and in china and a lot of the growth in china and in taiwanese business is focused on that chinese domestic marketplace. business to cop assumer operations are developing rapidly, particularly in the mobile world. >> is that the story here? now it's software. so how do you think this trend lasts? >> well, from our point of view, if you look at where we're seeing a rapid, rapid growth in mobility through a reduction in the average selling price of devices, so you can now get a smartphone for sub$200 in most of the markets that we'r
Search Results 0 to 8 of about 9